Dominion Lending Centres Clearlease Reports Canadian Home-resale price index up most in 9 months

Dominion Lending Centres Clearlease Reports Canadian Home-resale price index up most in 9 months

VANCOUVER, BC (May 24, 2011) Clearlease Reports Home resale prices rose in March for a fourth straight month, its biggest advance in nine, as prices rose in nearly all of the metropolitan markets tracked by the Teranet-National Bank Composite House Price Index as of Tuesday May 24, 2011.

The index, which measures price changes for repeat sales of single-family homes in six metropolitan areas, on Wednesday showed overall prices were up 0.6 percent in March from February. Five metropolitan areas reported increases in the month.

“This should calm those who were fearing a severe downward price correction,” said Marc Pinsonneault, senior economist at National Bank Financial.

“On the other hand, we do not think that the acceleration of home price inflation in March represents the start of a lasting trend.”

Analysts largely expect the housing market to ease up this year as interest rates are expected to rise.

The latest April data from the Canadian Real Estate Association showed sales of existing homes fell in the month from March as activity dropped off after a first-quarter rush to buy before the introduction of tighter mortgage regulations.

The largest monthly advance was in the Montreal market, up 1.2 percent, followed by 0.6 percent increases in both Toronto and Vancouver, the country’s most expensive cities.

Prices also rose in Ottawa and Halifax, up 0.4 percent and 0.3 percent respectively.

Calgary was the exception, trailing for a third straight month, but its 0.1 percent decline was the smallest of the seven decreases reported in the last eight months, the data showed.

Housing has been a resilient sector of the Canadian economy, rebounding quickly after a brief slump early in the financial crisis.

Overall prices were up 4.1 percent from a year earlier.

The index tracks home prices over time for repeat sales, so properties with at least two sales are required in the calculations. The report did not provide actual prices.

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Video Link: http://youtu.be/f_kk7WJa7Uk


For more information please visit us at:
http://www.clearlease.com/Career-Opportunities.html
Dominion Lending Centres Clearlease Reports Canadian Home-resale price index up most in 9 months

VANCOUVER, BC (May 25, 2011) Clearlease Reports Home resale prices rose in March for a fourth straight month, its biggest advance in nine, as prices rose in nearly all of the metropolitan markets tracked by the Teranet-National Bank Composite House Price Index as of Tuesday May 24, 2011.

The index, which measures price changes for repeat sales of single-family homes in six metropolitan areas, on Wednesday showed overall prices were up 0.6 percent in March from February. Five metropolitan areas reported increases in the month.

“This should calm those who were fearing a severe downward price correction,” said Marc Pinsonneault, senior economist at National Bank Financial.

“On the other hand, we do not think that the acceleration of home price inflation in March represents the start of a lasting trend.”

Analysts largely expect the housing market to ease up this year as interest rates are expected to rise.

The latest April data from the Canadian Real Estate Association showed sales of existing homes fell in the month from March as activity dropped off after a first-quarter rush to buy before the introduction of tighter mortgage regulations.

The largest monthly advance was in the Montreal market, up 1.2 percent, followed by 0.6 percent increases in both Toronto and Vancouver, the country’s most expensive cities.

Prices also rose in Ottawa and Halifax, up 0.4 percent and 0.3 percent respectively.

Calgary was the exception, trailing for a third straight month, but its 0.1 percent decline was the smallest of the seven decreases reported in the last eight months, the data showed.

Housing has been a resilient sector of the Canadian economy, rebounding quickly after a brief slump early in the financial crisis.

Overall prices were up 4.1 percent from a year earlier.

The index tracks home prices over time for repeat sales, so properties with at least two sales are required in the calculations. The report did not provide actual prices.

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Video Link: http://youtu.be/f_kk7WJa7Uk


For more information please visit us at:
http://www.clearlease.com/Career-Opportunities.html
Dominion Lending Centres Clearlease Reports Canadian Home-resale price index up most in 9 months

VANCOUVER, BC (May 24, 2011) Clearlease Reports Home resale prices rose in March for a fourth straight month, its biggest advance in nine, as prices rose in nearly all of the metropolitan markets tracked by the Teranet-National Bank Composite House Price Index as of Tuesday May 24, 2011.

The index, which measures price changes for repeat sales of single-family homes in six metropolitan areas, on Wednesday showed overall prices were up 0.6 percent in March from February. Five metropolitan areas reported increases in the month.

“This should calm those who were fearing a severe downward price correction,” said Marc Pinsonneault, senior economist at National Bank Financial.

“On the other hand, we do not think that the acceleration of home price inflation in March represents the start of a lasting trend.”

Analysts largely expect the housing market to ease up this year as interest rates are expected to rise.

The latest April data from the Canadian Real Estate Association showed sales of existing homes fell in the month from March as activity dropped off after a first-quarter rush to buy before the introduction of tighter mortgage regulations.

The largest monthly advance was in the Montreal market, up 1.2 percent, followed by 0.6 percent increases in both Toronto and Vancouver, the country’s most expensive cities.

Prices also rose in Ottawa and Halifax, up 0.4 percent and 0.3 percent respectively.

Calgary was the exception, trailing for a third straight month, but its 0.1 percent decline was the smallest of the seven decreases reported in the last eight months, the data showed.

Housing has been a resilient sector of the Canadian economy, rebounding quickly after a brief slump early in the financial crisis.

Overall prices were up 4.1 percent from a year earlier.

The index tracks home prices over time for repeat sales, so properties with at least two sales are required in the calculations. The report did not provide actual prices.

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Video Link: http://youtu.be/f_kk7WJa7Uk


For more information please visit us at:
http://www.clearlease.com/Career-Opportunities.html